Page 8 - Barry Eichengreen News Today

(Bloomberg) -- The Bank of England will have to keep interest rates high for longer because inflation is unlikely to fade as quickly as it emerged, despite sharp falls in gas and producer prices, Deputy Governor Ben Broadbent said.Most Read from BloombergSpaceX Blast Left Officials in Disbelief Over Environmental DamageTesla Investors to Get $12,000 Each From Musk’s SEC DealPowell Signals Fed Will Raise Rates If Needed, Keep Them HighAfter 15 Years, a New Private Jet Is America’s M...

The annual gathering of economic minds has some tough questions to consider.

Federal Reserve Chair Jerome Powell leads the speaker line-up with a keynote speech on Friday at 10:05 a.m. New York time.

Across several African countries, there has been a troubling trend of infrastructure being stripped to sell as scrap metal. People have been arrested for ripping out and selling rail sleepers in South Africa and Ghana, pylon and copper wires in Uganda, and streetlamp meters in Liberia. That stripping feels like wanton destruction in countries that so badly need infrastructure, but without jobs or economic opportunities, it is one of the few options available to many poor people. Infrastructure s...

The man who would be Labour’s seventh prime minister won’t enjoy being compared to its first. But Keir Starmer has much to learn from Ramsay MacDonald’s story, which isn’t all bad

The man who would be Labour’s seventh prime minister won’t enjoy being compared to its first. But Keir Starmer has much to learn from Ramsay MacDonald’s story, which isn’t all bad

The debate over using frozen Russian assets to fund Ukraine’s reconstruction is coming to a head. The arguments in...

NEW DELHI — The debate over using frozen Russian assets to fund Ukraine’s reconstruction is coming to a head. The arguments in favor are compelling. The objections are weak. But there could also be unintended consequences.

Both mainstream US economists and bond markets tend to treat rating downgrades as frivolous.

Will Ukraine’s international backers use billions of dollars in seized Russian assets to support rebuilding the war-ravaged country?